Story perspectives
Carvana Soars 350% in Market Value; Others Plummet
1/4/2025
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Story summary
- In 2024, Carvana Co. led Arizona companies with a remarkable 350% market value growth, surpassing $32 billion.
- Universal Technical Institute and AudioEye Inc. also achieved significant gains of 225.9% and 223.9%, respectively.
- Conversely, Nikola Corp. experienced a nearly 90% decline, and Leslie's Inc. dropped by 68%.
- Overall, 24 Arizona companies increased in market value, while others faced substantial losses.
